Health & Welfare Plans Newsletter

BULLETIN
Supplement to
March 6, 2017

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The American Health Care Act: Fact Sheet (PDF)
"[T]he primary Committees with jurisdiction over health care -- Ways and Means and Energy and Commerce -- have released the American Health Care Act -- legislation that not only repeals the law, but replaces it with reforms President Trump laid out.... [H]ere's what the American Health Care Act will do: ... [1] Dismantle the Obamacare taxes ... [2] Eliminate the individual and employer mandate penalties ... [3] Prohibit health insurers from denying coverage ... [4] [Allow] dependents to continue staying on their parents' plan until they are 26.... [5] Establish a Patient and State Stability Fund ... [6] Modernize and strengthen Medicaid ... [7] [Expand] Health Savings Accounts (HSAs) -- nearly doubling the amount of money people can contribute and broadening how people can use it.... [8] [Provide] a monthly tax credit -- between $2,000 and $14,000 a year -- for low- and middle-income individuals and families who don't receive insurance through work or a government program."
Committee on Ways and Means, U.S. House of Representatives

The American Health Care Act: House Ways and Means Committee Provisions (PDF)
"The legislation, part of House Republicans' American Health Care Act, ... [1] Dismantles Obamacare taxes and mandates -- including the individual and employer mandate penalties and taxes on prescription drugs, over-the-counter medications, health insurance premiums, and medical devices. [2] Empowers individuals and families to spend their health care dollars the way they want and need by enhancing and expanding Health Savings Accounts (HSAs). [3] Helps Americans access affordable, quality health care by providing a monthly tax credit to individuals and families who don't receive insurance through work or a government program."

Committee on Ways and Means, U.S. House of Representatives

The American Health Care Act: House Energy and Commerce Committee Provisions (PDF)
"The legislation, part of House Republicans' American Health Care Act, ... [1] Creates a Patient and State Stability Fund -- This new and innovative fund give states broad flexibility to design programs that best serve their unique populations. They can also use funds to increase access to preventative services. [2] Responsibly unwinds Obamacare's Medicaid expansion -- By freezing new enrollment after 2 years and grandfathering in current enrollees, we protect patients and offer a stable transition. [3] Strengthens Medicaid -- Using a per capita allotment, our legislation ensures a fair funding formula for states while creating a viable financial future for the program."

Energy and Commerce Committee, U.S. House of Representatives

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